FHA Loan, how does it work?

[Erin Murphy]

I plan to start house hacking pretty soon, in about a year, give or take. I've been doing some research on loans, and the FHA loan caught my eye. I understand the basic requirements you must meet in order to be accepted, but I am curious about the "limitations", so to speak. Can I acquire an FHA loan if I buy a property out of state and use that property as my primary residence? Or must I buy a property in the state I am currently living in? I would assume I am able to move out of state as long as it is my primary residence, but I just want to make sure.